Bond blow-out means Binariangis set to keep loan size at $1.2bn

03 Jan 2008

THE $1.2bn loan supporting the buy-out of Maxis Communications, the Malaysian mobile phone operator, has not been increased — despite an overwhelming response from the loan market.

Binariang, the special purpose vehicle set up by Maxis shareholder Ananda Krishnan, decided not to exercise an option to increase the ...

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